EGLD

It’s forming a Cup and Handle pattern on the 4H timeframe. The neckline corresponds to the 0.618 Fibonacci level. Once it breaks and closes above it, your target will be 20% from here. It’s a good buying opportunity now, but don’t use high leverage. Best regards: Ceciliones🎯

EGLDUSDT has another low of $7.5 due to a Measured Move

EGLDUSDT has another low of $7.5 due to a Measured Move

This time I shared this time for friends who could not learn to wait for the last football. It may be a stop at the level of clogging and closing on the level, or the position of the tp with the procedure of intense from the levels of alt.

📊 Detailed Technical Analysis (Daily Timeframe): 🔍 1. Market Structure & Chart Pattern Major Downtrend Line Breakout – Reversal Signal: After being stuck under a persistent downtrend for nearly 9 months, EGLD has officially broken out of the descending trendline, signaling a potential shift from distribution to expansion phase. This breakout is significant and could mark the beginning of a new bullish trend. Double Bottom + Accumulation Range: Price action shows a clear double bottom formation within the $13.00–$16.50 range, which acted as a strong accumulation zone. This horizontal structure suggests buyers have been silently accumulating before triggering this breakout. Resistance Turned Support (RBS): The breakout is now being retested around the $17 level. If EGLD holds this area, it would confirm a support flip, which is a classic bullish signal. Holding above this zone would give bulls full control over the next moves. 🟢 2. Bullish Scenario (Base Case): If the breakout sustains with increasing momentum: ✅ Short-Term Targets: $20.08 and $21.88 – minor historical resistance levels. ✅ Mid-Term Targets: $27.93 and $33.66 – key levels aligning with measured move targets and Fibonacci retracements. ✅ Long-Term Targets: $39.41, $48.41, up to $55.61–$58.25 – previous key highs and psychological zones. 💡 If EGLD successfully retests and holds above $17.00, it presents a strong opportunity for trend-following entries with favorable risk-reward. 🔴 3. Bearish Scenario (Alternative Case): If this breakout fails (false breakout scenario): ⚠️ Price could fall back into the previous accumulation range between $13.00–$15.50. A breakdown below that range could drag EGLD further down toward $11.40, or even $10.00 – a crucial long-term support zone. Lack of volume or weak bullish confirmation would be early signs of a failed breakout. 🧠 4. Sentiment & Broader Context: 🌐 This breakout comes at a time when altcoin capital rotation is starting to emerge as BTC dominance cools off. 🚀 EGLD, as a smart contract platform, historically performs well during altseason waves and ecosystem narratives. ✅ Final Thoughts: > EGLD has printed a significant breakout from long-term bearish control. With accumulation completed and momentum building, this may be the beginning of a bullish cycle. However, staying above the $17 level is the key validation to confirm this trend reversal. #EGLD #EGLDUSDT #CryptoBreakout #AltcoinSeason #TrendReversal #CryptoAnalysis #TechnicalAnalysis #BullishSetup #DoubleBottom

EGLD is approaching a key resistance level that may determine the next directional move. A reclaim above the point of control could set the stage for an uptrend continuation toward $37 and beyond. EGLD is currently trading at a critical resistance region — the point of control (POC) — which serves as the highest volume node within the current trading range. This level often acts as a magnet for price, but also presents resistance that can either trigger continuation or cause a short-term pullback. From a technical standpoint, EGLD remains in a local uptrend, but a higher low formation is needed to confirm the next leg upward. Key Technical Points: - Point of control acting as resistance – A key level that must be reclaimed to confirm bullish continuation - 0.618 Fibonacci retracement in play – Potential area for a higher low if price pulls back - Upside target near $37 – If structure holds, price could push beyond recent highs If EGLD fails to break through the point of control cleanly on the first attempt, a short-term pullback toward the 0.618 Fibonacci retracement becomes likely. This level provides strong technical support and a chance for buyers to step in and form a higher low — a key feature of a healthy, bullish structure. The presence of the 0.618 retracement just beneath current price action provides a strong technical safety net. Holding this level would not only preserve the uptrend but also set the stage for a push toward the $37 region, which marks the next major resistance and previous swing high. This scenario is contingent on the market maintaining bullish intent and avoiding a breakdown below the higher low structure. If price dips below the 0.618 level and fails to recover quickly, it would suggest weakness and potentially reset the structure to neutral or even bearish. That said, current price behavior indicates that bulls are in control — but a volume-backed breakout above the point of control will be the key trigger. If this occurs, it could catalyze a fast move toward new local highs. If EGLD reclaims the point of control with strong volume, expect bullish continuation toward the $37 target. However, a short-term pullback remains likely, with the 0.618 Fibonacci zone offering a potential higher low setup. Watch for volume spikes and structure confirmation to validate the next move.

Be careful with EGLD !!! we can hope that the price will act like a Crab pattern and the price will grow well. I expect that the price will grow very quickly... Stay Awesome , CobraVanguard.

Yello Paradisers, did you catch the EGLD breakout or are you still waiting for confirmation that’s already gone? While most traders are sleeping on this setup, it has just completed one of the cleanest breakout-and-retest patterns we’ve seen in weeks, and what comes next could leave many trapped on the wrong side. 💎#EGLDUSDT recently broke through its descending resistance with strength and has now retested that same level, which is acting as solid support in the $14.30–$15.00 range. This successful flip of resistance into support is a textbook bullish signal, and it’s holding beautifully indicating strong buyer presence and increasing the probability of continued upside. 💎If this support holds firm, #EGLD is eyeing a move toward the $18.00–$18.25 region, where moderate resistance is expected. A break above this could open the path toward the $19.90–$20.40 zone, a significant resistance level that may shape the next macro structure on this chart. But it’s not all upside. If EGLD fails to hold the $13.00 level and especially the key invalidation point at $11.85 this entire bullish setup breaks down, and sellers will likely take control. The bullish momentum would collapse fast, and the door would open to much deeper downside levels. MyCryptoParadise iFeel the success🌴💎Paradisers! Have you been keeping an eye on EGLDUSDT? If not, you might want to start. Just as predicted, #It has surged by a remarkable 18.44%, proving our analysis spot-on

MultiversX Egld usdt Daily analysis Risk rewards ratio >2.2 👈👌 Pattern = two bottoms First target =21.3$risk free time

Another gem on discount 👌 Accumulation at this prices could pay bold returns IMO.